KENYA – The Kenya Bureau of Standards (KEBS), the government agency responsible for governing and maintaining the standards and metreology has appointed Bernard Njiraini as its Managing Director for a three-year term. Bernard Njiraini was […]
CÔTE D’IVOIRE – Multinational agribusiness company, Cargill has unveiled plans of investing US$120.5million in expanding its cocoa grinding plant in Micao, Côte d’Ivoire, reports Ecofin. The investment will see the company increase the facility’s annual […]
KENYA – Capwell Industries, one of Kenya’s leading milled cereal products manufacturer, has launched a new is cereal milk drink as part of the firm’s strategic direction to venture into beverages and expand its product […]
UK – Nestlé will be introducing new KitKat and Yorkie chocolate bars in the UK and Ireland as it continues to expand its less sugar confectionery ranges. The confectionery giant said that both bars contain […]
UK – Burto’s Biscuit Company has acquired Scottish short bread an oatcake supplier Petarson Arran, to boost its presence in the food service market. Paterson Arran produces shortbread, oatcakes, biscuits and cookies as well as […]
USA – The University of Idaho in Idoha, Northwestern U.S., will be raising US$45 million in developing the largest and most advanced research center in the US, targeting the dairy and allied industries. According to […]
EUROPE – Irish food group, Valeo Foods has entered into an agreement with Campbell Soup Company to acquire its European crisp business for approximately €73 million (US$80 million) Under the agreement, Valeo will acquire Campbell’s […]
CHINA – Yili Group, a state-owned Chinese dairy company, posted net profit of RMB 3.8bn (US$505 million) during its first half of 2019, supported by continuous expansion in Southeast Asia. Yili’s global operating revenue grew […]
USA – Spanish brewery Mahou-San Miguel Group has increased its stake in Michigan-based craft beer maker Founders Brewing to 90%. Mahoau already controlled a 30% stake in the fast-growing craft brewery following transaction in 2014 […]
